Leading Ten US health insurance companies
There are several private healthcare insurance experts in the US. However, as noted by the Insurance Information Institute, life/annuity and property/casualty insurers also issue similar coverage, which is typically referred to as accident and health insurance.
Direct written premiums for accident and health insurance rose from $680 billion in 2011 to $1.25 trillion in 2020, an increase of about 84%. According to the National Association of Insurance Commissioners, the top ten insurers combined wrote 55.3% of the US market (NAIC). Although that is not unexpected given that health insurance is one of the most popular forms of insurance, that is a sizable figure.
Here are the top 10 health insurance companies in the US, based on market share and premium volume:
- UnitedHealth Group
- Anthem, Inc.
- CVS Health (Aetna)
- Humana
- Centene Corporation
- Cigna
- Molina Healthcare
- Health Care Service Corporation (Blue Cross Blue Shield of Illinois)
- WellCare Health Plans, Inc.
- Bright Health
Note: The ranking may vary based on the source and criteria used. These companies also offer various health insurance plans with different features and benefits, and it's important to evaluate the options available to you and choose the one that best fits your needs.
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